BNKD vs. BBCA ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to JPMorgan BetaBuilders Canada ETF (BBCA)
BNKD
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD Description
The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
Grade (RS Rating)
Last Trade
$22.83
Average Daily Volume
82,816
10
BBCA
JPMorgan BetaBuilders Canada ETF
BBCA Description
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MorningstarĀ® Canada Target Market Exposure IndexSM. The fund will invest at least 80% of its net assets, plus the amount of borrowing for investment purposes in securities included in the underlying index. The underlying index is a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Toronto Stock Exchange. The fund may invest up to 20% of its assets in exchange-traded futures and forward foreign currency contracts to seek performance that corresponds to the underlying index.Grade (RS Rating)
Last Trade
$65.44
Average Daily Volume
299,987
8
Performance
Period | BNKD | BBCA |
---|---|---|
30 Days | -4.48% | -1.70% |
60 Days | -17.13% | 1.34% |
90 Days | -28.32% | 3.10% |
12 Months | -72.53% | 11.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKD | Weight in BBCA | Overlap |
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BNKD: Top Represented Industries & Keywords
BBCA: Top Represented Industries & Keywords